4.11 Today's strategy analysis
Bitcoin was affected by economic data that fell short of expectations yesterday, and the anticipated rebound has yet to start, instead, after the negative news, there was a significant drop. The recent trend has been dominated by news, and the inflow and outflow of funds have been quite chaotic, with people rushing to chase rises and falls, leading to the market breaking through both resistance and support levels. The morning session opened again with a rebound, but due to yesterday's large drop, the originally strong upward momentum could not appear. It is expected that there will be a rise and fall today, with upper pressure around 83250. Attention should be paid to the strength of the breakout in this area, which will be a point of divergence. Short operations can be performed in this area, with the overall trend showing a slight bearish bias. (There is slight pressure near 82000, and if it can't break through here, then short it tightly.)
Bitcoin short contract point, around 82000 can short on the rise, take profit around 77670 points, stop loss at 82800.
Bitcoin long contract point, around 76850 can long on the dip, take profit around 80000 points, stop loss at 76000.
Ethereum's recent trend is weak, yesterday it completely swallowed the space of a big rise, which is the weakest trend. The rebound in the short term is unlikely to be strong, and a pessimistic view suggests that after a weak rebound in the short term, it will continue to create new lows. The upper pressure is around 1600 points. After a weak rebound in the short term, it will fall again, and only after breaking through the new low of 1384 will there be a new upward expectation. It is expected that there will be a slight rebound today followed by continued adjustments, waiting for a new low, and observing the strength of breaking through the new low. If it's slight, then consider bottom-fishing again. It’s another bottom-fishing opportunity.
Ethereum short contract point, around 1600 can short operate, take profit around 1410 points, stop loss at 1615.
Ethereum single contract point, around 1380 can be a short-long operation, take profit around 1530 points, stop loss at 1365.
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